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Finally, after many false starts and empty declarations, China seems to be powering ahead with its financial liberalisation and lowering the barriers of entry for foreign companies in the financial sector. Has the threat of a trade war with the US pushed the Chinese into finally getting serious about opening up or is this just more posturing?

Tim Berners-Lee, inventor of the World Wide Web and opening keynote speaker at The Future of Finance Summit 2018 from 23rd to 25th May in China, believes that the Web’s survival as a free and inclusive platform is being threatened by tech companies and businesses whose interest are misaligned with online users.

Kartik Athreya, executive vice present and director of research of Federal Reserve Bank of Richmond, the third largest in the US, discusses banking deregulation, the importance of the Living Will and financial innovation.

Commonwealth Bank of Australia is involved in three actions against it but none will result in any of the directors being made to account for what they knew or didn’t know or did or failed to do to prevent the bank from allegedly being used to launder money.